Market for Wireless Multimedia Networking to Exceed 50 Million Units by 2010
Industry adoption of next-generation specifications will provide a substantial boost to the market for wireless multimedia networking, prompting growth in excess of 50 million wireless network devices by 2010, according to a report from Parks Associates. The report predicts that annual sales and shipments of wireless multimedia-capable devices, including home networking gears, personal computers, and fixed and mobile consumer electronics, will grow from 2.5 million units in 2006 to nearly 52 million units by year-end 2010, due in large part to standardization in the market.
"Multiple factors are driving the move by both manufacturers and service providers in embracing wireless connectivity," said Kurt Scherf, vice president and principal analyst with Parks Associates. "Service providers are looking for greater ownership in developing home networking solutions, operators need to reduce CAPEX costs in deploying home networking equipment, new content services are on the rise, and consumers are invariably in favor of eliminating cables. These are all positive signs that the 802.11n and WiMedia solutions - among the many home networking options - will continue to drive growth in new home networking applications."
Posted to the site on 18th December 2006